Asa Resource Share Discussion Threads

[juju44] 20/1/2017 10:23

Lets hope we are not looking at a double top

[mreasygoing] 20/1/2017 10:16

I've been buying more. 1.5p area has strong support.

[juju44] 20/1/2017 09:01

Nickel killing this . Volumes are tiny .Looks like we will test the 200dma at 1.25p . It could be an opportunity to add as the tech indicators are showing a very oversold position

[juju44] 19/1/2017 09:43

Now if only we knew that but it is in oversold territory and I would not be a seller.

However nickel continues to weaken so you pays your money

[asmodeus] 18/1/2017 21:58

Thanks juju. But where is this going to end.....

[asmodeus] 18/1/2017 15:54

Was the 1m trade a buy or a sell, please? My AFN Trades not working.

[mreasygoing] 18/1/2017 12:55

Ting tong says all is good in the Philippines. Although that's after she took my Abbey National bank card.

[mreasygoing] 18/1/2017 08:17

Philippines nickel situation should be revealed on 31st jan. Environmental permit for Intex cancelled in Philippines.

[juju44] 17/1/2017 14:56

gold and nickel doing well - come on ASA

[mreasygoing] 17/1/2017 14:45

Nicely on the trendline. A move to around 3.2p is the upper trendline.

[gfrae] 17/1/2017 13:32

Gold and nickel can go up and down but does anyone here really think that there is any likelihood of a cash distribution to shareholders at any point in the future ?
A few very generous contracts to associates of certain shareholders ,perhaps ? But I doubt anyone else will see a cent !

[caedwalla] 17/1/2017 11:36

Worth reading on Indonesia export ban: hxxps://news.metal.com/newscontent/100720055/why-indonesia%E2%80%99s-easing-of-the-ore-export-ban-is-bullish-for-nickel-prices

[casabella2] 17/1/2017 09:07

POG rising nicely today.Should keep us in good stead for next update.

[skidaddle] 15/1/2017 10:22

I'd like to hear more about the small scale startup production progress at Zani Kodo, which is outside of any indigenisation policy.

[wstirrup] 13/1/2017 23:40

I'd still like to know what is happening outside of Zim...

We supposedly have assets in DRC, Angola, Botswana, and South-Africa, yet we rarely hear what (If anything) is happening there...

What this story needs is serialisation, so that we build a head of steam...

BUT, we also need a decent period without bad news from the idiotic, despotic, Mugabe...Couldn't somebody kick his white stick away and give him a nudge into a passing bus... 93 years of age, and still no-one wants to take him on politically within his own party, and whilst I once hoped Morgan Tsvangirai would rise to the challenge, since his wife died, he has all but disappeared from the scene...

Any ideas?

W.

[jailbird] 13/1/2017 22:18

Sod the charts .. you are just talking it up being a holder.Read about the fundamentals that can drive Nickel higher.. I cannot see more 12000 at best for end of yearBut that depends on what Philippines announces next

[mreasygoing] 13/1/2017 17:42

Based on the chart, nickel could move back between 14000_16000 usd/t in the next 12_18 months.

[gwr7] 13/1/2017 16:48

I'm keeping an open mind stig. As I said before I'd be surprised if anything was signed but then again the 15% Freda Rebecca sale that happened shortly before these allegations was done on a verbal agreement and handshake so there is a precedent.

[the stigologist] 13/1/2017 14:36

Why would it bounce from the withdrawal of a lawsuit nobody really cares about and the consensus on here is that it is illegitimate and doomed to fail anyway?

[jailbird] 13/1/2017 13:37

No your guys need the good luck :-)

If this lawsuit is cleared, then expect a bounce for traders.

But you still to address cash resources , smelter investment and commodity prices

[blueball] 13/1/2017 12:25

gl jailbird.

[mreasygoing] 13/1/2017 12:15

I'm one of the fools buying ;)A lovely double bottom appearing on the chart. If it holds a test of the highs will follow. Patience needed.

[jailbird] 13/1/2017 11:33

But let's face it , in many ways the stock market is low to high risk gambling